Updates

Brickability

September 2022

Investing in shares may lose you all or some of your money. Past performance is no indication of future performance. Some of the shares recommended here may be small company shares, which can be relatively illiquid and hard to trade and this makes such shares more risky than other investments.

Brick factor Brickability’s final results were slightly ahead with pretax profit of £34.7m (Cenkos forecast: £34.1m) and eps 10.1p (9.6p), representing year on year growth of 131% and 81%. That reflected favourable inflationary trading conditions and acquisitions, the most transformative being Taylor Maxwell, although organic growth was seen across all divisions.Bricks & Building Materials grew sales 32% to £462m including like-for-like growth of 32%, helped by acquisitions and the “exceptional” profits simply by holding lumber stocks that have soared in price. The reduction in EBITDA margin from 8.1% to 7.2% reflects the mix effect from lower margin Taylor Maxwell.In Roofing Services underlying revenues grew 32% but EBIT ...

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Forterra

Elementis - Results near top end of expectations

Brickability - Director acquires shares worth £268,000 (August 2024)

Brickability (February 2024)

Brickability (October 2023)

Brickability (June 2023)

Brickability (February 2023)

Brickability (December 2022)

Brickability (June 2022)

Brickability - Brick “factor” makes 14 acquisitions since IPO, 70% forecast eps growth (May 2022)

Brickability - Brick factor group eyes strong market recovery (June 2021)

Brickability (January 2021)

Brickability (July 2020)

Brickability (May 2020)

Brickability Group - Buy and build brick supplier boasts strong record (April 2020)

With small companies there is an above average degree of risk compared to buying blue chips. Please be aware that we have not assessed the suitability of any of these investments for you. The newsletter simply states a personal view and diarises the editor’s investment decisions. Please speak to your stockbroker or other qualified individual to ascertain whether any of these companies mentioned would form useful additions to your own portfolios. Past performance is no indication of future success.

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